Shares and Distributions

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This is Article 7 of the Code of Virginia, titled “Shares and Distributions.” It is part of Chapter 9 “Virginia Stock Corporation Act”, which is part of Title 13.1 “Corporations”.

It’s comprised of the following 16 sections.

§ 13.1-638	Authorized shares
§ 13.1-639	Terms of class or series determined by board of directors
§ 13.1-640	Issued and outstanding shares
§ 13.1-641	Fractional shares
§ 13.1-642	Subscription for shares before incorporation
§ 13.1-643	Issuance of shares
§ 13.1-644	Liability of shareholders and others
§ 13.1-645	Share dividends
§ 13.1-646	Share rights, options, warrants, and other awards
§ 13.1-647	Form and content of certificates evidencing shares
§ 13.1-648	Shares without certificates
§ 13.1-649	Restriction on transfer of shares and other securities
§ 13.1-650	Expense of issue
§ 13.1-651	Shareholders' preemptive rights
§ 13.1-652	Corporation's acquisition of its own shares
§ 13.1-653	Distributions to shareholders